Blue Investment Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. The firm advises 2 private funds.
Blue Investment Management reports 22 clients. They include 22 high-net-worth individuals. Of its assets, 100.0% ($341M across 24 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | Fewer than 5 | <1% |
| High-net-worth individuals | 100% | 100% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | Fewer than 5 | $197K | 0.1% | — |
| High-net-worth individuals | 22 | $341M | 99.9% | $15.5M |
| Corporations and other businesses | Fewer than 5 | $23.4K | 0.0% | — |
| Total | 22 | $341M | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $197K
- AUM share
- 0.1%
- Avg. per client
- —
- Clients
- 22
- Regulatory AUM
- $341M
- AUM share
- 99.9%
- Avg. per client
- $15.5M
- Clients
- Fewer than 5
- Regulatory AUM
- $23.4K
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 22
- Regulatory AUM
- $341M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 2
- Financial planning clients last fiscal year
- 0
Blue Investment Management charges up to 1.00% a year for its Investment Management Services. The fee is billed in advance and is negotiable.
Fee details and sources
Blue Investment Partners, LLC owns 75% or more of Blue Investment Management and is in turn owned by Sanjan Dhody (75% or more). Sanjan Dhody is CEO; the leadership team includes Chief Compliance Officer Ileana Cohn. It has 4 employees, 3 of them in advisory roles.
Leadership
- Sanjan DhodyChief Executive Officer
- Ileana CohnChief Compliance Officer
- Cheryl FinemanChief Administrative Officer
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Ileana Maria Cohn
- Sanjan [no Middle Name] Dhody
- Cheryl Beth Fineman
Staff
- 4 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Blue Investment Management, LLC
Blue Investment Partners, LLC
Control person · since February 2022
- Owns 75% or more of Blue Investment Partners, LLC
Sanjan Dhody
Control person · since February 2022
Blue Investment Management’s regulatory assets grew Infinity× from $0 (July 2022) to $341M (March 2026); employees were 4 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $341M | 22 | 4 | 1 |
| March 2025 | $259M | 29 | 3 | 1 |
| March 2024 | $231M | 19 | 3 | 1 |
| March 2023 | $170M | 16 | 3 | 1 |
| July 2022 | $0 | 0 | 4 | 1 |
Besides its headquarters, Blue Investment Management has 0 offices, with 1 listed address in Florida.
Florida · 1 listed address
- 2340 Collins Avenue, Suite 604, Miami BeachHQ
Other business names
Blue Investment Management has reported 1 other business name to the SEC.
- Dhody Investment Group
Contact and registration details
- Legal name
- Blue Investment Management, LLC
- Headquarters
- 2340 Collins Avenue, Suite 604, Miami Beach, FL 33139
- Website
- blueig.com
- Phone
- 305-433-4250
- SEC file
- 801-123591
- Structure
- Florida LLC
- Fiscal year end
- December
Blue Investment Management uses Raymond James ($326M) as custodian for its separately managed accounts. Blue Investment Management does not have custody of client assets.
- Raymond JamesRaymond James & Associates, Inc. · St. Petersburg, FL · $326M100%
At year end, Blue Investment Management’s separately managed accounts were mostly in cash (93%).
What the accounts hold
- Stocks3%
- Funds3%
- Pooled vehicles2%
- Registered funds1%
- Bonds1%
- Cash93%
How many clients does Blue Investment Management have?
Blue Investment Management has 22 clients and manages $341 million for them, as of March 2026. They include 22 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Blue Investment Management offer?
Blue Investment Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Blue Investment Management charge?
Blue Investment Management charges up to 1.00% a year for its Investment Management Services. The fee is billed in advance and is negotiable.
Which custodians does Blue Investment Management use?
Blue Investment Management’s separately managed account assets are held at Raymond James & Associates, Inc. (St. Petersburg, FL), with $326M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Blue Investment Management have?
Blue Investment Management has 3 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Blue Investment Management invest in?
At the end of its last fiscal year, Blue Investment Management’s separately managed accounts held 93% cash and equivalents, 3% exchange-traded equities, 2% pooled vehicles (private funds and similar), 1% sovereign bonds and 1% registered funds (mutual funds, ETFs, BDCs). It advises 2 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Blue Investment Management?
Blue Investment Management is owned through a holding company by Sanjan Dhody. Its direct owner is Blue Investment Partners, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Blue Investment Management get paid?
Blue Investment Management is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Blue Investment Management registered with the SEC?
Yes, Blue Investment Management has been registered with the SEC as an investment adviser since 31 March 2022. Its CRD number is 318610 and its SEC file number is 801-123591.
Source: Form ADV Part 1A, Item 1, filed 31 March 2026; IAPD firm record
How do I contact Blue Investment Management?
Blue Investment Management’s main office is at 2340 Collins Avenue, Suite 604, Miami Beach, FL 33139. Its phone number is 305-433-4250. Its website is blueig.com.